Manchester United break Premier League spending record

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The Man Utd has broken a record in the Premier League: The maximum salary costswhich possesses its nearest rival, the City of Manchester. On Thursday morning, it was possible to know, according to data released by both clubs, that the ‘red devils’ have a salary cost per season of 384.2 million pounds sterling, or what is the same, €440.5 million In change.

This figure will be 29.6 million pounds (€34.1M) which is more than the City record, which stands at 354.6 ‘kilo’ (406.4M€).

Cristiano Ronaldo, the best paid in the Premier

One of the reasons for the disproportionate difference in salary expenditure from one period to another is due to large cache of Cristiano Ronaldo. The Portuguese star arrived at United in the 21/22 season and has since become the highest paid footballer in the Premier League, with a salary of 480 thousand pounds a week (€550.2m), with approx 100 thousand pounds (€114.6m) of the difference in the second highest fee, Kevin DeBruyne (Manchester City).

But during the 21/22 season just not done CR7 to Old Trafford. Two other footballers of significant value have joined the English club: Jadon Sanchofrom Borussia Dortmund and Raphael Varane, from Real Madrid. The Portuguese star, who comes from Juventus, is worth fifteen million euros, the English winger, nothing more and nothing less than 85 million and the former madridista, 40 ‘kilo’ Furthermore, according to the Daily Mail, both are believed to be charging around 350 thousand pounds per week (€401.2m), a salary surpassed only by David De Gea -a part of CR7-.

This adds to the economic loss of two million pounds per week during the 21/22 campaign (€2.3M), despite the fact that revenues they would have increased After the losses generated by Covid-19which added a total loss of 115.5 million pounds (€132.5M)

And if that wasn’t enough, United’s net debt also increased 514.9 million pounds (590.2M€), 95.4 million pounds more (€109.3M) than the 20/21 campaign. Again, all this despite the fact that the club’s income increased to a 18%to do 89.1 million pounds (€102.1M) compared to the 20/21 campaign due to the effects of Covid-19.

Regarding these numbers, the CFO of Manchester United, cliff greetingsthat reflects him happiness for financial recovery compared to the 20/21 season and attributed the losses to lack of a preseason tour at the start of the previous campaign, 21/22.

“Our financial results for fiscal 2022 reflect a recovery from the pandemic, a full return of fans and new business partnerships offset by increased investment in gaming equipment. Despite this , our results were negatively impacted by no summer tour in July 2021, exceptional and increased utility costs, and the impact of the weakening pound sterling on our non-cash finance costs.”

Apparently, in cliff greetings he did not mention the increase in wage charges compared to the previous season, because nothing is mentioned.

Source: La Verdad

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